Is Altcoin Season Here? Ether Outpaces Bitcoin as BTC Dominance Holds Firm
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Ether surged nearly 29% over seven days versus Bitcoin’s 23% gain and market capitalization of coins outside the top 10 rose about 23%, indicating a renewed crypto risk appetite. However Bitcoin dominance held near 59.7%, CoinMarketCap’s Altcoin Season Index is 37 (well below the 75 threshold), and while OTHERS rose ~19% and TOTAL3 ~15%, the OTHERS/BTC ratio slipped ~1.9%, so a broad altcoin rotation or sustained DeFi/DEX-led rally is not yet confirmed.
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- ETH gained nearly 29% in seven days, outpacing Bitcoin’s 23% weekly advance.
- Bitcoin dominance held near 59.7%, keeping a full altcoin rotation unconfirmed.
- CoinMarketCap’s Altcoin Season Index stood at 37, well below its 75 threshold.
Altcoin-season expectations are strengthening after smaller cryptocurrencies posted their sharpest weekly rebound in months, yet the market still lacks confirmation of a broad rotation. Analyst Ash Crypto noted that the market capitalization of cryptocurrencies outside the top 10 jumped roughly 23% last week, highlighting a sharp improvement in risk appetite.
That momentum was also visible across broader market gauges. TradingView’s OTHERS index gained about 19% over seven days on Aug. 26, while TOTAL3, which excludes Bitcoin and Ether, advanced roughly 15%.
However, the OTHERS-to-Bitcoin ratio fell about 1.9% during the we…
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